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A Fully Restored Private Sector and Continued Growth: Highlights from the June 2022 Jobs Report

In June, the economy added 372,000 jobs, with a three-month moving average of 375,000, exceeding market expectations. There was across-the-board job growth, according to the establishment survey, with only the government sector losing jobs (-9K, driven by a likely seasonal loss in federal government jobs). The unemployment rate and labor force participation rate remained relatively unchanged.  

Monthly Change in Employment

Monthly Change in Employment – plain text

June also marked an important milestone in the economic recovery: Nonfarm private employment exceeded its pre-pandemic (February 2020) level for the first time. In fact, it exceeded that level by 140,000 jobs. Additionally, the manufacturing sector employment exceeded its pre-pandemic level for the first time in June.  

As of June 2022, private sector employment has fully recovered

As of June 2022, private sector employment has fully recovered – plain text

Digging below the topline figures and into specific sectors, there are a few dynamics of interest. First, the mix of jobs in construction may be shifting as rising interest rates cool residential construction and investment in public infrastructure rises. Jobs in residential building are above their pre-pandemic level but declined in June. However, jobs in nonresidential building, heavy and civil engineering and nonresidential specialty trade are all still below their pre-pandemic level but rising. These jobs are associated with factory construction, commercial buildings and, importantly, public infrastructure projects. 

June change in construction employment.

June change in construction employment – plain text

Second, softer sales in retail did not translate into employment losses in June for the whole sector, which still gained about 15,000 jobs. (Retail trade’s May figure was also revised upward from -61,000 to -47,00). However, there was still a notable decline in general merchandise store jobs (-7K). These jobs could be responsive to consumers adjusting their budgets to accommodate higher prices, a return to the pre-pandemic negative trend or both. It is too soon to tell.

June change in retail employment.

June change in retail employment – plain text

Finally, continued broad-based job growth is  affecting sectors that require in-person work and were deemed high-risk due to the dangers of COVID-19, – notably childcare (+11K) and nursing and residential care facilities (+8K). While the level of employment in these industries are still far below their pre-pandemic level, they are starting to pick up jobs. However, public investment is needed to improve the quality of these jobs and the affordability of the services they provide. When care work is high quality and accessible, other potential workers in the U.S. economy can access job opportunities since they know their loved ones are cared for. Additionally, the Department of Labor is focused squarely on improving these jobs because of their centrality to the health of the overall jobs market and the economy. We’re committed to building a care economy that is affordable for working families and ensures that child-care workers are valued and compensated for the essential work they do. 

Employment in Child Care Facilities

Employment in Child Care Facilities - plain text

Employment in Nursing Home and Residential Care Facilities

Employment in Nursing Home and Residential Care Facilities - plain text

This Jobs Report reflects the latest progress in what has become the fastest and strongest jobs recovery in American history. This historic job growth puts American families in a strong economic position as the country tackles global economic challenges. The department is committed to empowering workers to take advantage of this strong economy and the new job opportunities and higher wages it’s providing, and we’ll continue to track our progress toward an equitable recovery for all.  

Joelle Gamble is the chief economist for the U.S. Department of Labor. 

 

Monthly Change in Employment – plain text:

Monthly Change in Employment 
Feb:2020 376 305
Mar:2020 -1498 -261
Apr:2020 -20493 -7205
May:2020 2642 -6450
Jun:2020 4505 -4449
Jul:2020 1388 2845
Aug:2020 1665 2519
Sep:2020 919 1324
Oct:2020 647 1077
Nov:2020 333 633
Dec:2020 -115 288
Jan:2021 520 246
Feb:2021 710 372
Mar:2021 704 645
Apr:2021 263 559
May:2021 447 471
Jun:2021 557 422
Jul:2021 689 564
Aug:2021 517 588
Sep:2021 424 543
Oct:2021 677 539
Nov:2021 647 583
Dec:2021 588 637
Jan:2022 504 580
Feb:2022 714 602
Mar:2022 398 539
Apr:2022 368 493
May:2022 384 383
Jun:2022 372 375

 

As of June 2022, Private Sector Employment Has Fully Recovered – plain text:

As of June 2022, Private Sector Employment Has Fully Recovered
Jan:2012 111304
Feb:2012 111565
Mar:2012 111809
Apr:2012 111903
May:2012 112023
Jun:2012 112077
Jul:2012 112246
Aug:2012 112415
Sep:2012 112593
Oct:2012 112774
Nov:2012 112950
Dec:2012 113185
Jan:2013 113394
Feb:2013 113660
Mar:2013 113810
Apr:2013 114002
May:2013 114229
Jun:2013 114434
Jul:2013 114571
Aug:2013 114797
Sep:2013 114980
Oct:2013 115210
Nov:2013 115461
Dec:2013 115553
Jan:2014 115734
Feb:2014 115889
Mar:2014 116135
Apr:2014 116440
May:2014 116679
Jun:2014 116942
Jul:2014 117168
Aug:2014 117402
Sep:2014 117669
Oct:2014 117901
Nov:2014 118177
Dec:2014 118430
Jan:2015 118608
Feb:2015 118861
Mar:2015 118940
Apr:2015 119189
May:2015 119513
Jun:2015 119684
Jul:2015 119951
Aug:2015 120066
Sep:2015 120241
Oct:2015 120531
Nov:2015 120743
Dec:2015 121000
Jan:2016 121091
Feb:2016 121279
Mar:2016 121476
Apr:2016 121667
May:2016 121693
Jun:2016 121970
Jul:2016 122232
Aug:2016 122380
Sep:2016 122630
Oct:2016 122776
Nov:2016 122924
Dec:2016 123111
Jan:2017 123312
Feb:2017 123492
Mar:2017 123631
Apr:2017 123830
May:2017 124041
Jun:2017 124225
Jul:2017 124394
Aug:2017 124603
Sep:2017 124679
Oct:2017 124792
Nov:2017 124974
Dec:2017 125145
Jan:2018 125294
Feb:2018 125654
Mar:2018 125868
Apr:2018 126033
May:2018 126342
Jun:2018 126507
Jul:2018 126601
Aug:2018 126800
Sep:2018 126842
Oct:2018 126988
Nov:2018 127100
Dec:2018 127312
Jan:2019 127581
Feb:2019 127595
Mar:2019 127787
Apr:2019 128037
May:2019 128117
Jun:2019 128246
Jul:2019 128364
Aug:2019 128482
Sep:2019 128589
Oct:2019 128657
Nov:2019 128875
Dec:2019 129058
Jan:2020 129344
Feb:2020 129625
Mar:2020 128181
Apr:2020 108609
May:2020 111734
Jun:2020 116244
Jul:2020 117537
Aug:2020 118750
Sep:2020 119709
Oct:2020 120508
Nov:2020 120914
Dec:2020 120806
Jan:2021 121229
Feb:2021 121922
Mar:2021 122572
Apr:2021 122784
May:2021 123165
Jun:2021 123673
Jul:2021 124311
Aug:2021 124808
Sep:2021 125217
Oct:2021 125911
Nov:2021 126538
Dec:2021 127099
Jan:2022 127591
Feb:2022 128295
Mar:2022 128680
Apr:2022 129048
May:2022 129384
Jun:2022 129765

 

 

June Change in Construction Employment – plain text:

June Change in Construction Employment
Residential building -5
Nonresidential building 1
Heavy and civil engineering 5
Residential specialty trade contractors 0
Nonresidential specialty trade contractors 11

 

June Change in Retail Employment - plain text:

June Change in Retail Employment
Motor vehicles and parts dealers 3.7
Furniture and home furnishings -2.1
Building materials and garden supplies 5
Health and personal care stores -1.2
Gasoline stations 0
General merchandise stores -7.2

 

Employment in Child Care Facilities – plain text:

Employment in Child Care Facilities
Jan:2012 849.7
Feb:2012 853.7
Mar:2012 853.3
Apr:2012 853.3
May:2012 854.7
Jun:2012 847.2
Jul:2012 851.3
Aug:2012 853.1
Sep:2012 851.8
Oct:2012 853.7
Nov:2012 848.3
Dec:2012 847.2
Jan:2013 848.0
Feb:2013 848.1
Mar:2013 847.2
Apr:2013 845.5
May:2013 841.3
Jun:2013 835.8
Jul:2013 833.8
Aug:2013 838.9
Sep:2013 846.1
Oct:2013 844.7
Nov:2013 845.5
Dec:2013 845.1
Jan:2014 845.1
Feb:2014 847.4
Mar:2014 847.4
Apr:2014 849.1
May:2014 852.4
Jun:2014 853.3
Jul:2014 853.7
Aug:2014 854.8
Sep:2014 858.1
Oct:2014 858.6
Nov:2014 861.6
Dec:2014 864.7
Jan:2015 866.0
Feb:2015 867.0
Mar:2015 870.4
Apr:2015 873.5
May:2015 874.8
Jun:2015 877.2
Jul:2015 880.2
Aug:2015 870.6
Sep:2015 883.4
Oct:2015 886.8
Nov:2015 889.3
Dec:2015 893.9
Jan:2016 900.2
Feb:2016 904.1
Mar:2016 905.5
Apr:2016 905.4
May:2016 907.3
Jun:2016 912.5
Jul:2016 914.3
Aug:2016 918.6
Sep:2016 915.9
Oct:2016 916.8
Nov:2016 919.2
Dec:2016 919.2
Jan:2017 923.2
Feb:2017 928.7
Mar:2017 932.8
Apr:2017 936.9
May:2017 941.4
Jun:2017 947.4
Jul:2017 948.9
Aug:2017 952.6
Sep:2017 950.3
Oct:2017 948.9
Nov:2017 954.5
Dec:2017 957.7
Jan:2018 959.9
Feb:2018 961.5
Mar:2018 965.5
Apr:2018 969.2
May:2018 968.7
Jun:2018 964.9
Jul:2018 963.9
Aug:2018 972.3
Sep:2018 977.2
Oct:2018 982.5
Nov:2018 987.2
Dec:2018 994.4
Jan:2019 1003.7
Feb:2019 1009.5
Mar:2019 1013.4
Apr:2019 1015.9
May:2019 1015.6
Jun:2019 1013.9
Jul:2019 1021.0
Aug:2019 1023.3
Sep:2019 1024.3
Oct:2019 1028.8
Nov:2019 1036.8
Dec:2019 1043.2
Jan:2020 1050.1
Feb:2020 1054.2
Mar:2020 1023.3
Apr:2020 679.6
May:2020 700.2
Jun:2020 772.9
Jul:2020 808.6
Aug:2020 830.0
Sep:2020 840.9
Oct:2020 849.1
Nov:2020 854.3
Dec:2020 858.9
Jan:2021 857.5
Feb:2021 867.2
Mar:2021 871.2
Apr:2021 876.9
May:2021 880.0
Jun:2021 889.5
Jul:2021 887.5
Aug:2021 886.8
Sep:2021 894.0
Oct:2021 894.6
Nov:2021 910.8
Dec:2021 917.2
Jan:2022 923.1
Feb:2022 930.0
Mar:2022 932.1
Apr:2022 938.6
May:2022 942.1
Jun:2022 952.7

 

Employment in Nursing Home and Residential Care Facilities – plain text:

Employment in Nursing Home and Residential Care Facilities
Jan:2012 3179.7
Feb:2012 3180.8
Mar:2012 3188.0
Apr:2012 3187.8
May:2012 3193.3
Jun:2012 3194.4
Jul:2012 3199.8
Aug:2012 3198.7
Sep:2012 3202.4
Oct:2012 3203.6
Nov:2012 3204.8
Dec:2012 3213.4
Jan:2013 3210.4
Feb:2013 3213.8
Mar:2013 3220.2
Apr:2013 3222.9
May:2013 3226.0
Jun:2013 3228.5
Jul:2013 3228.3
Aug:2013 3239.3
Sep:2013 3232.2
Oct:2013 3236.8
Nov:2013 3239.9
Dec:2013 3244.8
Jan:2014 3245.7
Feb:2014 3249.1
Mar:2014 3251.7
Apr:2014 3254.7
May:2014 3257.7
Jun:2014 3255.5
Jul:2014 3255.5
Aug:2014 3259.4
Sep:2014 3261.2
Oct:2014 3266.1
Nov:2014 3268.0
Dec:2014 3272.2
Jan:2015 3282.0
Feb:2015 3279.4
Mar:2015 3277.6
Apr:2015 3284.1
May:2015 3284.6
Jun:2015 3287.2
Jul:2015 3293.2
Aug:2015 3296.6
Sep:2015 3302.1
Oct:2015 3300.5
Nov:2015 3305.0
Dec:2015 3300.1
Jan:2016 3302.9
Feb:2016 3303.7
Mar:2016 3308.9
Apr:2016 3308.7
May:2016 3312.8
Jun:2016 3319.8
Jul:2016 3328.4
Aug:2016 3321.7
Sep:2016 3326.4
Oct:2016 3327.0
Nov:2016 3328.6
Dec:2016 3338.1
Jan:2017 3338.0
Feb:2017 3342.1
Mar:2017 3342.3
Apr:2017 3346.5
May:2017 3349.1
Jun:2017 3349.6
Jul:2017 3351.1
Aug:2017 3356.4
Sep:2017 3346.4
Oct:2017 3344.8
Nov:2017 3351.6
Dec:2017 3351.3
Jan:2018 3356.8
Feb:2018 3356.8
Mar:2018 3352.7
Apr:2018 3353.0
May:2018 3357.8
Jun:2018 3354.1
Jul:2018 3352.1
Aug:2018 3355.5
Sep:2018 3355.6
Oct:2018 3360.8
Nov:2018 3357.2
Dec:2018 3362.6
Jan:2019 3362.4
Feb:2019 3365.4
Mar:2019 3373.3
Apr:2019 3374.4
May:2019 3373.8
Jun:2019 3375.8
Jul:2019 3380.2
Aug:2019 3379.9
Sep:2019 3377.7
Oct:2019 3378.6
Nov:2019 3378.2
Dec:2019 3370.5
Jan:2020 3378.7
Feb:2020 3377.2
Mar:2020 3371.1
Apr:2020 3243.5
May:2020 3200.0
Jun:2020 3181.2
Jul:2020 3159.9
Aug:2020 3147.2
Sep:2020 3141.6
Oct:2020 3133.6
Nov:2020 3122.9
Dec:2020 3109.9
Jan:2021 3088.4
Feb:2021 3079.2
Mar:2021 3074.0
Apr:2021 3055.1
May:2021 3044.5
Jun:2021 3031.8
Jul:2021 3020.6
Aug:2021 3015.0
Sep:2021 2972.5
Oct:2021 2969.1
Nov:2021 2967.4
Dec:2021 2970.6
Jan:2022 2968.5
Feb:2022 2972.6
Mar:2022 2973.3
Apr:2022 2983.5
May:2022 2990.4
Jun:2022 2998.4

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